SIOR has conducted a survey of its European membership to assess the outlook for the office and logistics markets. The survey considers supply, demand, and rental growth for prime space, as well as the opportunities and challenges highlighted by our respondents. Other themes include the impact of technology and respondents’ business focus for 2024.
We would like to thank Daniel Francis, Head of Research at our sponsor Carter Jonas, who led this report and the SIOR members across Europe who shared their valuable insights.
On behalf of Andrew Smith SIOR FRICS, President of the SIOR European Chapter and the members of the European Chapter leadership, we wish you all a very Merry Christmas and a healthy and prosperous New Year!
This year’s Christmas card shows a small selection of our members in action: networking, doing business, making friendships and overall enjoying our unique culture while taking our chapter from strength to strength.
The New Year will bring new faces and new exciting opportunities. 2024 will also be a special year in view of our bi-annual highlight, the 4th SIOR International Conference in Berlin. Register now to make use of the early-bird rate and keep an eye out for all upcoming events and we look forward to seeing you there.
In the meantime, we wish you a joyous festive season in the hope that those suffering will also find peace and comfort from our continued support and prayers. .
The SIOR Europe Chapter AGM will take place virtually on Teams at 4pm BST and 5pm CEST on Thursday, 16th May 2024.
This year we hold the meeting on line and with members in over twenty countries, we hope that most of you will be able to join on Teams. Click for the SIOR ERC AGM Notice & Agenda
ON-LINE REGISTRATION IN ADVANCE IS REQUIRED. The link to the event will be sent by separate email, only to those who have registered, closer to the date.
The second European Chapter’s Mind Your Own Business event of 2024 will take place in Spain on 12th-13th of September. This series of events takes place in different locations across Europe and has become the flagship of European SIOR business generation meetings.
The events are open for members only.
We welcome partners and guests to the leisure and optional activities.
Thursday, 12th September 2024– All day event
More information and registration TBA
Welcome to MYOB Series – London!
You are cordially invited to our 7th Mind Your Own Business (MYOB) Event on 25-26 April 2024. MYOB has become the Business Generation Flagship of the European Chapter and London will be no different.
Exclusive for members only, however, partners and guests are welcome to the optional and social activities.
EVENT HIGHLIGHTS
Psychology & Pricing – Stickier Fees Win More Business
Exclusive Members Only Seminar on Fee Pricing by David Abbott.
David is an expert on the psychology around pricing. He wrote the amazing How to Price Your Platypus and he is one of the leading 99 global thought leaders on pricing. Educated at Oxford, David has run businesses from startups to UK brands of global distribution companies.
He currently works directly with businesses on their pricing, achieving dramatic improvements in profitability. Frequently gaining accolades such as ‘the best speaker we have ever had’, David uses his engaging style and infectious enthusiasm to introduce audiences to simple ways to present their prices in a way that makes higher prices stickier.
Guided site visit at the Battersea Power Station and a presentation of the new the scheme 50 Electric Boulevard being launched.
The SIOR Europe Chapter AGM will take place virtually on Zoom at 4pm BST and 5pm CEST on Thursday, 28th Septemer 2023.
Registration is necessary. Please email admin@sioreurope.com for further details.
The formal part of the meeting will be immediately followed by a fireside chat with incoming SIOR Global President David Lockwood SIOR and our very own Chapter Administrator Liana Toumazou. Please stay with us online following the adjournement of the meeting.
You are invited to the last European Chapter’s Mind Your Own Business event of 2023 in Italy at Hotel The Square which is situated in the heart of the City of Milan.
Mind Your Own Business events have become the flagship of European SIOR business generation meetings and are open for members only.
We welcome partners and guests to the leisure and optional activities.
Thursday, 14th September 2023, 8h45 CET to Friday 15th September 2023 12h00 CET.
Leisure optional programme for the weekend for members and guests.
The Real Estate Data Foundation is a not-for-profit initiative bringing together the whole sector around the topic of data and to raise data ethics up the agenda and we are delighted that SIOR Europe is supporting this collaborative alliance.
But what is ‘data ethics’, why should you care and what should you do about it?
Ethics is important in all corners of real estate, but as the volume of data that we collect and use grows, it is important to make sure that we apply ethical thinking to this. Having the technology to collect data and being allowed to under law is not enough – we need to consider whether we should be collecting and using the data. Ethics is all about asking ‘should we?’ If buildings of the future are about the user’s happiness, health or productivity we can collect huge amounts of data on all of this – but should we? Where does the risk outweigh the benefit?
Before COVID, the idea of having your temperature taken to assess your health to be allowed to enter a building seemed inconceivable, yet for a while it became the norm. At what point should we stop collecting and using this data?
A more extreme example may be the decision about placing cameras inside buildings. This can allow all sorts of data to be collected and used to improve the experience for the resident, but there is a high risk that residents will resist it – and complain about it, as happened recently when North Ayrshire Council used Facial Recognition Technology in its school canteens. But what if the cameras are used to assist the elderly to continue living on their own by providing an automatic alert system for any falls or health problems? As long as data was suitably anonymised and secure and residents were fully aware of what was being collected and why, then this may feel like a more acceptable use case.
Whatever your views on the examples above, we can see that the ethical use of data is not black and white which is why the real estate sector needs to be on the front foot.
Data ethics in real estate matters for 3 reasons:
The ethical use of data is complex and subjective, but the good news is that it is easy to take significant steps towards making sure that you are using data in an ethical way. The RED Foundation has developed 6 data ethical principles that we ask both people and companies to sign up to. Sign up to these today and build them into any decisions you make relating to data and you are well on the road to addressing it.
For those who wish to take a step further, we have published a Data Ethics Playbook which builds on these principles and provides practical guidance on how to build data ethics into your thinking.
Written on behalf of the RED Foundation by: